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Series to address uncertainty and opportunities <br />in the real estate marketplace

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BOSTON, September 21, 2009 — Harvard Business School (HBS) today announced a suite of executive education programs for leaders in the real estate industry. The programs will review the current market downturn, the speed of the recovery and opportunities for the future.

As distressed-debt deals soar and opinions vary on when home prices will bottom out, these HBS programs seek to engage both real estate investors and real estate executives. Program topics range from organizing investment funds and recognizing developing investment opportunities in the changing marketplace to design and construction best practices.

Real Estate Development, Design and Construction, offered for the first time and in conjunction with the Harvard University Graduate School of Design, is a leadership development program that will give real estate professionals the opportunity to evaluate short- and long-term strategy, consider innovative ideas in construction and development, and build connections with stakeholders and vendors.

"Today's real estate climate is the most challenging we've had in recent memory. To stay ahead of the curve, savvy executives must apply effective design principles and environmental best practices while managing costs," said John Macomber, lecturer at Harvard Business School and CEO of BuildingVision, Inc.

HBS is also offering two of its cornerstone real estate programs again this year. Real Estate Management, which provides future real estate executives with the finance and management skills to succeed in today's challenging economy, and Real Estate Executive Seminar, which equips senior executives with the knowledge and skills necessary to analyze development and investment opportunities in the current economic context.

"The global real estate market is going through a period of immense upheaval," said Professor David Yoffie, Senior Associate Dean and Chair of Harvard Business School Executive Education programs. "HBS real estate programs will equip executives not only with the skills needed to survive in the current environment, but also analytical and leadership insights required to identify new opportunities and be well positioned for the future."

The real estate program series will employ case studies, interactive lectures and leading industry thought leaders including John D. Macomber, Richard B. Peiser, Professor of Real Estate Development at Harvard Graduate School of Design, Spiro N. Pollalis, Professor of Design, Technology, and Management at Harvard Graduate School of Design, and Arthur I. Segel, Professor of Management Practice at Harvard Business School.
For further information on the HBS Real Estate Programs, please visit www.exed.hbs.edu/category/rep.html for complete curriculum details and to apply.

About Harvard Business School

Founded in 1908 as part of Harvard University, Harvard Business School is located on a 40-acre campus in Boston. Its faculty of more than 200 offers full-time programs leading to the MBA and doctoral degrees, as well as more than 70 open enrollment Executive Education programs and 55 custom programs, and Harvard Business School Online, the School’s digital learning platform. For more than a century, HBS faculty have drawn on their research, their experience in working with organizations worldwide, and their passion for teaching to educate leaders who make a difference in the world, shaping the practice of business and entrepreneurship around the globe.